The U.S. Securities and Exchange Commission (SEC) has authorized NYSE American LLC to proceed with listing and trading options on multiple spot bitcoin exchange-traded funds (ETFs).
This approval marks a significant step for the NYSE as it opens the doors for more investment opportunities in the cryptocurrency market through regulated options trading.
The decision aligns with the increasing mainstream acceptance of cryptocurrencies and provides a new avenue for investors to speculate on bitcoin, potentially impacting its market dynamics.
Source: www.theblockcrypto.com ↗